While struggling to scrape money together for maintenance work, Eskom is having to fork out big money to fight theft and vandalism.
Browsing: Nersa
Consumers who generate their own electricity, relying on Eskom when the sun goes down, may see a drastic increase in Eskom charges.
A group representing the biggest electricity consumers in South Africa have appealed for more predictable power price increases.
Comparisons presented by Eskom to show that its tariffs are low compared to those in many other countries were met with scepticism on Thursday.
Energy expert Chris Yelland has warned that if Eskom gets its way, the economy will go into “a nosespin”.
Stakeholders have until Friday to submit written comments to energy regulator Nersa on Eskom tariffs that may increase by more than 40%.
Eskom said on Monday it had executed the separation of its transmission division, subject to certain conditions, in line with an end-December deadline.
Eskom chief financial officer Calib Cassim has confirmed that Eskom has applied for an average tariff increase of 20.5% for the next financial year.
Energy regulator Nersa has presented four new options to Eskom for determining the tariffs it will be allowed to charge from 1 April next year.
Energy regulator Nersa and energy minister Gwede Mantashe have been sued by environmental activists over plans to allow the construction of new coal-fired power plants.